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Imagine that the term premium is 0 . You observe that the interest rate on a 1 - year Treasury bond is 4 % and
Imagine that the term premium is You observe that the interest rate on a year Treasury bond is and the interest rate on a year Treasury bond is What does this tell you about where the market expects interest rates to go in the future? What might this tell you about expectations for the broader economy? 
Imagine that the term premium is You observe that the interest rate on a year Treasury bond is and the interest rate on a year Treasury bond is What does this tell you about where the market expects interest rates to go in the future? What might this tell you about expectations for the broader economy?
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
